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Manhattan Loft Guy

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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RE: does not compute / 2007 + 10% = no sale?
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RE: how big a discount for renovation? 64 West 15 Street closes with and without
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RE: 497 Greenwich Street sale was off a low ball?
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RE: find the number, hit the number / 35 East 12 Street closes
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Manhattan Loft Guy

161 Hudson Street closed after 14 weeks, up 33% (since 2004)

Aug. 17, 2009
Tagged with: 1000ft, 1100ft, 2004, 2007, club, hudson, music, wetlands
The Manhattan loft #2B at 161 Hudson Street had a pretty good run through the 2009 market, starting at $2.7mm in March, dropping twice in April (to $2.5mm) and closing June 30 at $2.41mm. That quick history shows that they really wanted to sell, and had a

how to get cash in 10 weeks / negotiating to close at 155 Hudson Street

May. 28, 2009
How's this for a lovely trajectory in a challenging market? The Manhattan loft #4N at 155 Hudson Street came to market on February 20 at the wrong price ($2.395mm) but they (apparently) really wanted to sell and they knew what to do: they dropped the pric

pretty efficient (depressed) market at 505 Greenwich Street as both 6F and 7F sell, off 25%

May. 6, 2009
Categorized in: Market Trends
Here's another take on the theme of my neighborly competition thread: two all-but-identical Manhattan lofts at 505 Greenwich Street had overlapping marketing histories, prices and success, suggesting that even in this thin market The Market can be relativ

how to be happy selling for $1mm+ off at 43 West 64 Street

Apr. 24, 2009
Categorized in: Market Trends
Of course, I have no idea what this seller's actual emotions are, but the fact that the March 2009 seller at $2.55mm was a buyer in the original conversion in February 2004 for $1,970,314 suggests that this seller may be a little chagrined at not getting

flipping for fun, not profit, in Soho

Mar. 11, 2009
Categorized in: Market Trends
Tagged with: 2004, 2008, flip, renovation
Soho doesn't much more prime than the location of this new-to-market Manhattan loft that has caught my eye. Nor does a listing description get much more enthusiastic than this one, the relative brevity notwithstanding. The loft is very large, very well ap

when bad things happen to good contracts / 49 East 21 Street is back

Mar. 10, 2008
Often, if you see a loft come back on the market in Manhattan 3 months after a contract was signed, you think Board Turn-down. But 49 East 21 Street is a condo, so that does not explain #10B coming back to market this weekend.